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Egypt March core annual inflation rises to 7.04 percent

By on April 11, 2010

Egypt’s core annual inflation rose to 7.04 percent in the year to March from 6.9 percent in February, the central bank said on Sunday.

Three out of five analysts polled by Reuters forecast core annual inflation rising to an average of 7 percent in the year to March. Forecasts ranged from 6.8 percent to 7.2 percent.

Core inflation strips out subsidised goods and volatile items.


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